Carlton Towers [1], a 127-unit apartment building that's located at the corner of Sutherland Avenue and Forest Park Boulevard in Bearden. ... will be renamed 414 Forest Park - will likely aim for a young-ish audience,

...Existing tenants will get a chance to stay in the building, but they'll have to dig into their wallets. Taylor said average rents currently average about $690 a month, not including utilities, but will jump to around $830 a month after the renovations are completed.

There are many elderly people that live in Carlton Towers. How many of them will be able to cough up the approx. 20% rent increase? The location is perfect for them since it is centrally located with sidewalks and easy access to grocery stores, drug stores, etc. I am not sure this change is something to be boasting. I know, I know, free market! Wouldn't it have been nice if the owners allowed for attrition based on normal turnover? Who? What? The greatest generation? Nah.